SEC Form 4 · accession 0001025996-15-000186
KILROY REALTY CORP · KRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L. Sanford
Officer — EVP, Northern California
Period of report
Aug 6, 2015
Accepted (ET)
Aug 7, 2015 · 4:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001025996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.01 per share | Aug 6, 2015 | M | 9,000 | $42.61 | A | 24,662 | D | |
| Common stock, par value $0.01 per shareF1 | Aug 6, 2015 | S | 9,000 | $71.6254 | D | 15,662 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $42.61 | Aug 6, 2015 | M | 9,000 | D | — | Feb 22, 2022 | Common Stock | 9,000 | 6,000 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 71.61 to 71.628 inclusive. The reporting person undertakes to provide to Kilroy Realty Corporation, any security holder of Kilroy Realty Corporation, or staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2The initial option vests in five equal annual installments beginning on February 22, 2013.